June 29, 2020 / 9:29 PM / 11 days ago

BRIEF-Bioasis And Chiesi Group Announce Rare Diseases Strategic Alliance

June 29 (Reuters) - biOasis Technologies Inc:

* BIOASIS AND CHIESI GROUP ANNOUNCE RARE DISEASES STRATEGIC ALLIANCE

* BIOASIS TECHNOLOGIES - UNDER TERMS OF AGREEMENT, CO WILL RECEIVE AN UPFRONT PAYMENT OF $3 MILLION

* BIOASIS TECHNOLOGIES - UNDER AGREEMENT, WILL RECEIVE ADDITIONAL POTENTIAL MILESTONE PAYMENTS OF UP TO $138 MILLION & ROYALTIES ON LICENSED PRODUCTS SALES Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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